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FILE: Kusasalethu mine. Picture: Harmony Gold.

Gold sector

Gold producers offer single-digit pay hikes to unions

By Reuters

Gold producers have been giving above-inflation wage hikes for years, adding to the cost burden of an industry that has been battling depressed prices and...

  • The Association of Mineworkers and Construction Union (Amcu) leader Joseph Mathunjwa raises his hands triumphantly in the Royal Bafokeng stadium near Rustenburg as miners agree to sign a wage agreement which ended the longest strike in South African history on 23 June 2014. Picture: Reinart Toerien/EWN

    Amcu to set wage demands for platinum sector

    The existing two-year wage deal between the companies & unions expires at the end of next month.

    2276 days ago
  • FILE: Joseph Mathunjwa, president of AMCU, the second largest labour group in the gold sector told Reuters the union wants its members to be paid R12,500 per month.Picture: Reinart Toerien/EWN.

    Sibanye Gold not planning wage talks with Amcu

    Amcu members voted in October to strike in the gold sector including at Sibanye.

    2470 days ago
  • Harmony Gold's Kusasalethu mine. Picture: Harmony Gold.

    Harmony Gold posts smaller quarterly loss

    South Africa’s entire gold industry is being squeezed by falling prices and production, and rising costs.

    2470 days ago
  • Picture: AFP.

    Amcu waits on appeals court ahead of gold sector strike

    The union says it’s received the go-ahead from its members & the CCMA to protest over wages.

    2494 days ago
  • South African rand.  Picture: Christa Eybers/EWN

    #RandReport: Gold firms lead SA stocks higher, rand firms

    SA stocks ended higher today with gold producers among the top gainers after a breakthrough in the sector.

    2504 days ago
  • FILE. Harmony Gold's Kusasalethu mine. Picture: Harmony Gold.

    Wage talks: A breakthrough in the gold sector

    Two mining companies have signed agreements with unions, ending weeks of negotiations.

    2504 days ago
  • The conciliation talks are taking place after wage negotiations failed earlier this month. Picture: AFP.

    CCMA to host wage talks with gold companies & unions

    The conciliation talks are taking place after wage negotiations failed earlier this month.

    2522 days ago
  • FILE. Harmony Gold's Kusasalethu mine. Picture: Harmony Gold.

    Gold companies head to CCMA to resolve dispute

    Gold companies declared a dispute with trade union Solidarity over a wage agreement.

    2547 days ago
  • FILE: The Chamber of Mines President Mike Teke alongside his delegation during talks on 5 August 2015. Picture: Govan Whittles/EWN.

    Gold companies declare dispute with Solidarity

    The companies include AngloGold Ashanti, Evander Gold Mines, Harmony and Sibanye Gold.

    2548 days ago
  • Joseph Mathunjwa. Picture: Giovanna Gerbi/EWN.

    Amcu to return to gold wage talks

    The union doesn't accept the claim by gold miners that they can't afford its demands.

    2555 days ago
  • Harmony Gold's Kusasalethu mine. Picture: Harmony Gold.

    Gold sector unions warned of job cuts

    Following an announcement of massive job cuts in the platinum sector, gold sector unions have been warned.

    2573 days ago
  • FILE: The gold price dropped to its lowest level in five years to under $1,100 an ounce. Picture: AFP.

    Gold price drop to test resilience at wage talks

    The gold price dropped to its lowest level in five years to under $1,100 an ounce.

    2576 days ago
  • FILE: The highest offer from the mines on the table is 13 percent. Picture: Reinart Toerien/EWN.

    Amcu & gold sector to start fresh wage talks after deadlock

    Amcu’s Jimmy Gama says they’ve agreed to meet with gold producers this week.

    2584 days ago
  • The Association of Mineworkers and Construction Union (Amcu) leader Joseph Mathunjwa. Picture: Reinart Toerien/EWN.

    Amcu walks out of gold sector talks

    Gold mine producers say it would be 'irresponsible' to agree to Amcu's demand as it's unaffordable.

    2590 days ago
  • Harmony Gold's Kusasalethu mine. Picture: Harmony Gold.

    Gold mines turn down demands for higher wages

    Gold producers say a demand by trade unions for higher ages is simply ‘unaffordable’.

    2590 days ago
  • Amcu says its relationship with govt departments remains strained as it heads into wage talks. Picture: EWN.

    Amcu ready to go as gold sector wage negotations begin

    Amcu says its relationship with govt departments remains strained as it heads into wage talks.

    2645 days ago
  • AngloGold Ashanti logo. Picture: supplied.

    AngloGold to seek London listing to split global, SA units

    The bullion producer is also seeking $2.1 billion in a rights issue.

    2891 days ago
  • The gold mining company has publicly expressed interest in acquiring platinum mines but says it will be premature to say which ones it’s interested in and what value they would contribute to its growth. Picture: AFP.

    Sibanye Gold eager to expand into platinum

    The mining company says it would suit its strategic goal of being a premium dividend player.

    2972 days ago
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